Thursday, April 17, 2008

Unconditional sale

OK the sale contract is unconditional the settlement date is 18th. Tenants move out on the 11th.

Wednesday, April 16, 2008

Counter offer

Today the buyer put in a counter offer, in considering the costs to underpin the house, we discounted significantly to make it more attractive.

Thursday, April 10, 2008

House Inspection

Today, was bad news on the house inspection. Structural defects everywhere. This is due to the fact the house was originally timber and some einstein has choosen to brick it up without the necessary foundational reports. Since the drough, the soil has dried up significantly.

The sale has fallen through. I am investigating the matter with engineers and asking how much underpinning will cost.

Sunday, April 6, 2008

Offer on our house

We had an offer on our home. The only problem it is still being tenanted. We will negotiate with the tenants with 4 weeks free rent if they handle they will assist.